Microcontroller Market -Global Industry Analysis and Forecast (2022-2027)

Microcontroller Market is anticipated to reach US$ 48.11 Bn by 2027 from US$ 27.01 Bn in 2021 at a CAGR of 10.10% during a forecast period. Microcontroller Market To know about the Research Methodology :- Request Free Sample Report

Microcontroller Market Overview

A microcontroller is a type of computing chipset that is widely used in pre-programmable devices like remote controls, linked solutions, and consumer goods. These controllers provide software simplicity, energy efficiency, and low latency, all of which are boosting their adoption in IoT-connected devices across a variety of industries. As a result of the benefits mentioned above, Microcontrollers benefit various end-use industries, including automotive, medical devices, industrial machines, military & defense, and consumer electronics. The report has covered the market trends from 2015 to forecast the market through 2027. Where 2021 is considered a base year to forecast the market from 2022 to 2027.

Microcontroller Market Dynamics

Microcontroller market growth is expected to be fueled by rising demand for automated equipment, portable electronics such as personal computers, tablets, and smartphones, as well as an increase in the number of luxury cars that use electronics. Microcontrollers are used in devices such as smart TVs, washing machines, air conditioners, and speakers, among others, to improve usability, connection, and device control applications. Microcontroller demand will be fueled by the increasing usage of consumer electronic devices and home appliances. The electric car market is rapidly growing, which is expected to drive product demand even higher. Microcontrollers are being used in electric vehicles by several major players to reduce vehicle noise and pollution. Microcontrollers from Texas Instruments, for example, are utilized in electric motors to prevent damage to the vehicle's electronic components. As a result, the growing demand for vehicles in the automotive sector is expected to boost the global microcontroller market significantly throughout the forecast period. In addition, growing healthcare disorders among the elderly population are driving markets growth during the forecast period. Microcontrollers are commonly found in medical devices like as blood pressure and heart rate monitors, as well as spirometers. Microcontrollers can assist provide accurate patient information while also lowering the cost of medical devices. Additionally, associated health issues and an aging population are expected to drive up demand for medical electronic devices. As a result, the microcontroller market is expected to grow significantly throughout the forecast period.

Microcontroller Market Segment Analysis

By Type, in 2021, the 32-bit microcontroller segment accounted for more than 40% of the market, and it is expected to grow at an annual pace of around 8% throughout the forecast period. These 32-bit MCUs are often used in portable medical equipment such as pulse oximeters, blood glucose monitors, blood pressure monitors, and portable EKG/ECG monitors due to their small size and low power consumption of up to 5V for operations. Additionally, the rising popularity of 32-bit MCUs as a result of lower unit pricing is expected to boost this segment's growth over the forecast period. The 8-bit microcontrollers segment is expected to grow significantly during the forecast period because of its low material cost, technology simplification, and product design. The degree of power consumption, connectivity, and processing ability required by a certain product determines which microcontrollers are used. The 8-bit microcontroller unit offers software simplicity, lower complexity, and a low gate count, making it more economical than other microcontrollers on the market.

Microcontroller Market Regional Insights

In 2021, the North American microcontroller market accounted for 15% of total revenue, owing to increased government investments in shifting some manufacturing hubs to the United States. In addition, market growth is expected to be aided by research and development in surveillance and combat drones. For high precision militaristic applications, these drones and unmanned aerial vehicles are integrated with MCUs. The US government's increased investments in its defense budget are expected to drive the market's growth during the forecast period. The Asia Pacific is expected to grow at xx% during the forecast period. The increasing usage of IoT across several applications such as smart appliances, industrial automation, home automation, smart grids, and smart cities is one of the primary drivers driving the regional microcontrollers market. Additionally, the growth of digital start-ups in emerging countries like India, which offer basic controller services as well as unique add-on products and services like GPS navigation, insurance, and entertainment systems, is also driving the market growth.

Microcontroller Market Scope: Inquire before buying

Global Microcontroller Market
Report Coverage Details
Base Year: 2021 Forecast Period: 2022-2027
Historical Data: 2017 to 2021 Market Size in 2021: USD 27.01 Bn.
Forecast Period 2022 to 2027 CAGR: 10.10% Market Size in 2027: USD 48.11 Bn.
Segments Covered: by Type • 8-bit • 16-bit • 32-bit
by Application • Automotive • Consumer Electronics • Industrial • Healthcare • Aerospace & Defence

Microcontroller Market by Region

• North America • Asia pacific • Europe • Middle East and Africa • South America

Microcontroller Market Key Players

NXP Semiconductors N.V. • Texas Instruments Incorporated • Microchip Technology, Inc. • Infineon Technologies AG • Renesas Electronics Corporation • STMicroelectronics N.V. • Toshiba Corporation • ON Semiconductor • Analog Devices, Inc • Yamaichi Electronics Co., Ltd • Zilog, Inc • Freescale Semiconductor • Silicon Labs • Intel • Fujitsu Frequently Asked Questions: 1. Which region has the largest share in Global Microcontroller Market? Ans: North American region holds the highest share in 2021. 2. What is the growth rate of Global Microcontroller Market? Ans: The Global Microcontroller Market is growing at a CAGR of 10.10% during forecasting period 2022-2027. 3. What is scope of the Global Microcontroller market report? Ans: Global Microcontroller Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global Microcontroller market? Ans: The important key players in the Global Microcontroller Market are - ABB Group, Maxwell Technologies Inc., LG Chem, NEC Corporation, General Electric, Hitachi Ltd., Panasonic Corporation, Siemens AG, Tesla, Schneider Electric SE, Samsung SDI, Gildemeister Energy Solutions, AEG Power Solutions, AES Corporation, Primus Power, and Rongke Power. 5. What is the study period of this market? Ans: The Global Microcontroller Market is studied from 2021 to 2027.
1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Microcontroller Market Size, by Market Value (US$ Bn) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2021 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Microcontroller Market 3.4. Geographical Snapshot of the Microcontroller Market, By Manufacturer share 4. Global Microcontroller Market Overview, 2021-2027 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Products 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Global Microcontroller Market 5. Supply Side and Demand Side Indicators 6. Global Microcontroller Market Analysis and Forecast, 2021-2027 6.1. Global Microcontroller Market Size & Y-o-Y Growth Analysis. 7. Global Microcontroller Market Analysis and Forecasts, 2021-2027 7.1. Market Size (Value) Estimates & Forecast By Type, 2021-2027 7.1.1. 8-bit 7.1.2. 16-bit 7.1.3. 32-bit 7.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 7.2.1. Automotive 7.2.2. Consumer Electronics 7.2.3. Industrial 7.2.4. Healthcare 7.2.5. Aerospace & Defence 8. Global Microcontroller Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2021-2027 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America Microcontroller Market Analysis and Forecasts, 2021-2027 9.1. Market Size (Value) Estimates & Forecast By Type, 2021-2027 9.1.1. 8-bit 9.1.2. 16-bit 9.1.3. 32-bit 9.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 9.2.1. Automotive 9.2.2. Consumer Electronics 9.2.3. Industrial 9.2.4. Healthcare 9.2.5. Aerospace & Defence 10. North America Microcontroller Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2021-2027 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. Microcontroller Market Analysis and Forecasts, 2021-2027 11.1. Market Size (Value) Estimates & Forecast By Type, 2021-2027 11.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 12. Canada Microcontroller Market Analysis and Forecasts, 2021-2027 12.1. Market Size (Value) Estimates & Forecast By Type, 2021-2027 12.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 13. Mexico Microcontroller Market Analysis and Forecasts, 2021-2027 13.1. Market Size (Value) Estimates & Forecast By Type, 2021-2027 13.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 14. Europe Microcontroller Market Analysis and Forecasts, 2021-2027 14.1. Market Size (Value) Estimates & Forecast By Type, 2021-2027 14.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 15. Europe Microcontroller Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2021-2027 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K. Microcontroller Market Analysis and Forecasts, 2021-2027 16.1. Market Size (Value) Estimates & Forecast By Type, 2021-2027 16.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 17. France Microcontroller Market Analysis and Forecasts, 2021-2027 17.1. Market Size (Value) Estimates & Forecast By Type, 2021-2027 17.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 18. Germany Microcontroller Market Analysis and Forecasts, 2021-2027 18.1. Market Size (Value) Estimates & Forecast By Type, 2021-2027 18.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 19. Italy Microcontroller Market Analysis and Forecasts, 2021-2027 19.1. Market Size (Value) Estimates & Forecast By Type, 2021-2027 19.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 20. Spain Microcontroller Market Analysis and Forecasts, 2021-2027 20.1. Market Size (Value) Estimates & Forecast By Type, 2021-2027 20.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 21. Sweden Microcontroller Market Analysis and Forecasts, 2021-2027 21.1. Market Size (Value) Estimates & Forecast By Type, 2021-2027 21.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 22. CIS Countries Microcontroller Market Analysis and Forecasts, 2021-2027 22.1. Market Size (Value) Estimates & Forecast By Type, 2021-2027 22.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 23. Rest of Europe Microcontroller Market Analysis and Forecasts, 2021-2027 23.1. Market Size (Value) Estimates & Forecast By Type, 2021-2027 23.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 24. Asia Pacific Microcontroller Market Analysis and Forecasts, 2021-2027 24.1. Market Size (Value) Estimates & Forecast By Type, 2021-2027 24.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 25. Asia Pacific Microcontroller Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & Forecast By Country, 2021-2027 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China Microcontroller Market Analysis and Forecasts, 2021-2027 26.1. Market Size (Value) Estimates & Forecast By Type, 2021-2027 26.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 27. India Microcontroller Market Analysis and Forecasts, 2021-2027 27.1. Market Size (Value) Estimates & Forecast By Type, 2021-2027 27.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 28. Japan Microcontroller Market Analysis and Forecasts, 2021-2027 28.1. Market Size (Value) Estimates & Forecast By Type, 2021-2027 28.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 29. South Korea Microcontroller Market Analysis and Forecasts, 2021-2027 29.1. Market Size (Value) Estimates & Forecast By Type, 2021-2027 29.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 30. Australia Microcontroller Market Analysis and Forecasts, 2021-2027 30.1. Market Size (Value) Estimates & Forecast By Type, 2021-2027 30.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 31. ASEAN Microcontroller Market Analysis and Forecasts, 2021-2027 31.1. Market Size (Value) Estimates & Forecast By Type, 2021-2027 31.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 32. Rest of Asia Pacific Microcontroller Market Analysis and Forecasts, 2021-2027 32.1. Market Size (Value) Estimates & Forecast By Type, 2021-2027 32.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 33. Middle East Africa Microcontroller Market Analysis and Forecasts, 2021-2027 33.1. Market Size (Value) Estimates & Forecast By Type, 2021-2027 33.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 34. Middle East Africa Microcontroller Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2021-2027 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa Microcontroller Market Analysis and Forecasts, 2021-2027 35.1. Market Size (Value) Estimates & Forecast By Type, 2021-2027 35.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 36. GCC Countries Microcontroller Market Analysis and Forecasts, 2021-2027 36.1. Market Size (Value) Estimates & Forecast By Type, 2021-2027 36.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 37. Egypt Microcontroller Market Analysis and Forecasts, 2021-2027 37.1. Market Size (Value) Estimates & Forecast By Type, 2021-2027 37.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 38. Nigeria Microcontroller Market Analysis and Forecasts, 2021-2027 38.1. Market Size (Value) Estimates & Forecast By Type, 2021-2027 38.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 39. Rest of ME&A Microcontroller Market Analysis and Forecasts, 2021-2027 39.1. Market Size (Value) Estimates & Forecast By Type, 2021-2027 39.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 40. South America Microcontroller Market Analysis and Forecasts, 2021-2027 40.1. Market Size (Value) Estimates & Forecast By Type, 2021-2027 40.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 41. South America Microcontroller Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2021-2027 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil Microcontroller Market Analysis and Forecasts, 2021-2027 42.1. Market Size (Value) Estimates & Forecast By Type, 2021-2027 42.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 43. Argentina Microcontroller Market Analysis and Forecasts, 2021-2027 43.1. Market Size (Value) Estimates & Forecast By Type, 2021-2027 43.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 44. Rest of South America Microcontroller Market Analysis and Forecasts, 2021-2027 44.1. Market Size (Value) Estimates & Forecast By Type, 2021-2027 44.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Global Microcontroller Market 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of key players by price, presence, market share, Applications and R&D investment 45.2.2. New Product Launches and Product Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment and Applications 45.2.3.2. M&A Key Players, Forward Integration and Backward Integration 45.3. Company Profile: Key Players 45.3.1. Silicon Labs 45.3.1.1. Company Overview 45.3.1.2. Financial Overview 45.3.1.3. Geographic Footprint 45.3.1.4. Product Portfolio 45.3.1.5. Business Strategy 45.3.1.6. Recent Developments 45.4. NXP Semiconductors N.V. 45.5. Texas Instruments Incorporated 45.6. Microchip Technology, Inc. 45.7. Infineon Technologies AG 45.8. Renesas Electronics Corporation 45.9. STMicroelectronics N.V. 45.10. Toshiba Corporation 45.11. ON Semiconductor 45.12. Analog Devices, Inc 45.13. Yamaichi Electronics Co., Ltd 45.14. Zilog, Inc 45.15. Freescale Semiconductor 45.16. Silicon Labs 45.17. Intel 45.18. Fujitsu 45.Primary Key Insights

About This Report

Report ID 16152
Category Electronics
Published Date Jun 2019
Updated Date April 2022
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